> > Seems odd that they are so against state assistance into managing the > books, yet are willing to take a bigger and bigger check each year. > What is this council hiding? >
the fact that without state aid, the tax base is unstable and sustain the city. In the corporate world, they are running in bankrptcy. The schools and the city. How the condo conversions being taxed? They went from aprtment buildings (take the shorview for example - there are 2 big ones 4th ave) - my guess is they are not yet being taxed as individual units til sold?. Esperanza woon't be on line for 2 tax cycles. Wesley Phase I is Wesley Wesley Phase .75. There will not be Phase II or III for some time, unless someone steps up to build some units that MORE people can afford to buy - and to take up residence in. A real retail component to the Ocean Front coming on is at least 3 tax cycles away - you have at 1.5 years until a shovel is in the ground. How will the Berk be taxed? The Salvation Army building how is that being taxed? Asbury has always had a problem supporting itself. If AP could sell stock, they'd be fine. That way, the mismangement could fit right in the corporate world. Just issue more and more shares, make promises, file bankruptcym, come back out, change the name some and get even more mo. mci to worldcom to mci. att trying to find an identity nearly went bankrupt - but they did with their spinoffs. Airlines can't operate on their own - but under bankruptcy did and with gov help. Chrysler etc etc. JJ could make it sound simple.... I hope the people that plunking down # for a condo understand the abatements - unless they plan on flipping out. Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/